/ CORRECTION - Korea Equity Fund, Inc. Declares $1.053 Long Term Capital Gains Distribution
14 Décembre 2012 - 8:59PM
Marketwired
In the news release, "
Korea Equity Fund, Inc.
Declares $1.053 Long Term Capital Gains Distribution," issued
earlier today by Korea Equity Fund, Inc. (NYSE: KEF), we are
advised by the company that the second paragraph should read "The
distribution is payable on January 4, 2013" rather than "The
distribution is payable on January 4, 2012" as originally issued.
Complete corrected text follows.
Korea Equity Fund, Inc. Declares $1.053 Long
Term Capital Gains Distribution
NEW YORK, NY -- December 14, 2012 -- Korea Equity Fund, Inc.
(NYSE: KEF) (the "Fund") announced that it would make a long term
capital gains distribution of $1.053 per share to shareholders of
record on December 24, 2012. The ex-dividend date is December 20,
2012.
The distribution is payable on January 4, 2013.
The Fund invests primarily in equity securities of companies
domiciled in Korea and is designed for investors seeking long-term
capital appreciation. The Manager of the Fund is Nomura Asset
Management U.S.A. Inc., which is based in New York. Nomura Asset
Management U.S.A. Inc. is a subsidiary of Nomura Asset Management
Co., Ltd., which is one of the largest investment advisory
companies in Japan in terms of assets under management and which
serves as the Investment Adviser to the Fund.
Contact: Neil A. Daniele Nomura Asset Management U.S.A. Inc.
2 World Financial Center Building B, 18th Floor New
York, NY 10281 (212) 667-1873
Korea Equity Fund, Inc. (NYSE:KEF)
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